Oil production dipped across Iraq in October by about 113,000 barrels per day (bpd), as political and military conflict between the federal government and the Kurdistan Regional Government (KRG) took Continue Reading
Senior Saudi Prince Miteb bin Abdullah, once seen as a leading contender to the throne, was freed after reaching an “acceptable settlement agreement” with authorities paying more than $1 billion, Continue Reading
Iraq’s hitting a couple of speed bumps as it gears up for 2018 oil sales, after OPEC’s second-largest producer made unprecedented moves to sell one-off cargoes this year in addition Continue Reading
The Iraqi oil ministry said Monday it was looking at documents related to the reconstruction of a crude oil pipeline extending north from Kirkuk. The ministry’s spokesman, Assim Jihad, said Continue Reading
Iraqi Oil Minister Jabbar al-Luieibi indicated Monday that the country will introduce significant changes to its next round of oil contracts. “The anticipated contracts with international oil companies represent an Continue Reading
State oil giant Saudi Aramco [IPO-ARMO.SE] and petrochemical producer Saudi Basic Industries Corp (SABIC) signed a preliminary deal on Sunday to build a $20 billion complex to convert crude oil Continue Reading
Iraq plans to build a new pipeline that will ship oil from Kirkuk’s oilfields to the Ceyhan port in Turkey, the oil ministry said on Sunday. The new pipeline will Continue Reading
The Ritz-Carlton in Riyadh is holding about 200 members of the Saudi elite A peak inside the Ritz-Carlton as it hosts those suspected of corruption Riyadh’s palatial Ritz-Carlton hotel, branded Continue Reading
Egypt clarified that option to import Israeli gas still open Previous arbitration ruling remains an obstacle to deals A natural gas production platform west of the Ashkelon shore in Israel. Continue Reading
Iraq on Monday invited foreign companies to bid for contracts to explore and develop oil and natural gas reserves in nine new blocks as the OPEC nation seeks to boost Continue Reading
